冀东水泥(000401) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 was ¥9,887,797,102.67, a decrease of 9.30% compared to the same period last year[2]. - The net profit attributable to shareholders was ¥593,011,466.96, down 45.78% year-on-year[2]. - The net profit after deducting non-recurring gains and losses was ¥475,522,207.29, a decline of 55.30% compared to the previous year[2]. - The basic earnings per share decreased by 48.44% to ¥0.3990, while diluted earnings per share fell by 51.81% to ¥0.3729[2]. - The weighted average return on equity was 3.62%, down 54.75% year-on-year[2]. - The total operating revenue for the current period reached CNY 26,203,722,464.90, an increase of 4.16% compared to CNY 25,154,451,935.41 in the previous period[16]. - The total operating costs amounted to CNY 23,366,447,921.20, up from CNY 21,140,284,696.98, reflecting a year-on-year increase of 10.54%[16]. - The net profit for the current period was CNY 3,035,641,113.85, a decrease of 19.1% from CNY 3,752,699,521.87 in the previous period[17]. - The total comprehensive income for the period was CNY 3,025,170,680.74, a decrease of 19.7% compared to CNY 3,765,647,634.29 in the previous period[21]. - The net profit attributable to the parent company was CNY 1,810,715,560.48, down 13.9% from CNY 2,107,274,498.53 year-on-year[21]. - Basic earnings per share decreased to CNY 1.2113 from CNY 1.4407, reflecting a decline of 15.9%[21]. Assets and Liabilities - Total assets increased by 3.74% to ¥61,150,917,173.74 compared to the end of the previous year[2]. - The company's total assets increased to CNY 61,150,917,173.74, compared to CNY 58,947,299,370.17 in the previous period, marking a growth of 3.77%[15]. - The total liabilities rose to CNY 27,393,381,049.85, up from CNY 26,797,928,703.07, indicating an increase of 2.22%[15]. - The total equity attributable to the parent company increased to CNY 19,563,409,915.98, compared to CNY 17,711,014,572.23, representing a growth of 10.43%[15]. - The equity attributable to shareholders rose by 10.46% to ¥19,563,409,915.98[2]. Cash Flow - The net cash flow from operating activities for the year-to-date was ¥4,772,517,628.58, a decrease of 31.19% compared to the same period last year[3]. - Cash inflows from operating activities totaled CNY 26,889,823,365.53, an increase of 12.5% compared to CNY 23,895,092,938.96 in the previous period[20]. - Cash outflows from operating activities increased to CNY 22,117,305,736.95, up from CNY 16,959,452,528.18, representing a rise of 30.5%[21]. - The net cash flow from operating activities was CNY 4,772,517,628.58, down 31.2% from CNY 6,935,640,410.78 in the previous period[21]. - Cash inflows from investment activities amounted to CNY 597,095,256.57, compared to CNY 538,667,190.96 in the previous period, marking an increase of 10.8%[22]. - Cash outflows from investment activities decreased to CNY 1,734,095,044.84 from CNY 2,034,230,162.30, a reduction of 14.8%[22]. - The net cash flow from financing activities was CNY -1,954,448,600.05, an improvement from CNY -4,698,563,849.41 in the previous period[22]. - The cash and cash equivalents at the end of the period were CNY 7,279,862,270.61, an increase from CNY 6,459,446,323.58 year-on-year[22]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 112,967, with the largest shareholder, Jidong Development Group, holding 32.39% of shares[5]. - The top ten shareholders collectively hold a significant portion of the company's shares, with the first two shareholders alone accounting for over 39%[5]. Strategic Activities - The company plans to absorb and merge with Jinyu Jidong Cement (Tangshan) Co., Ltd., issuing 1,065,988,043 shares at a price of ¥12.78 per share, raising up to ¥20 billion for project construction and debt repayment[8]. - The company has received approval from the China Securities Regulatory Commission for the merger and related fundraising activities[8]. - The company is focused on expanding its market presence through strategic mergers and acquisitions, enhancing its operational capabilities and financial stability[8]. Operational Metrics - The company reported a significant increase in contract liabilities by 76.96% to ¥1,476,696,080.63, attributed to increased prepayments[4]. - The company recorded a 332.66% increase in non-operating income, amounting to ¥233,125,374.92, primarily from the transfer of cement clinker capacity indicators[4]. - The company reported a decrease in accounts receivable from ¥1.97 billion to ¥1.91 billion, a decline of approximately 3.88%[9]. - As of September 30, 2021, the company's total current assets amounted to approximately ¥17.54 billion, an increase from ¥15.97 billion at the end of 2020, representing a growth of about 9.87%[9]. - The company's cash and cash equivalents reached ¥7.75 billion, up from ¥5.90 billion, indicating a significant increase of approximately 31.47% year-over-year[9]. - Inventory levels rose to ¥3.58 billion, compared to ¥2.71 billion at the end of 2020, reflecting an increase of around 32.06%[9]. - The company has engaged in financing activities through various securities firms for its major shareholders, indicating active capital management strategies[6]. - Research and development expenses for the current period were CNY 142,726,131.55, compared to CNY 129,928,384.04 in the previous period, reflecting an increase of 9.1%[17]. - The company reported a decrease in sales expenses to CNY 818,438,459.27 from CNY 928,020,196.07, a reduction of 11.8%[17]. - The company’s long-term borrowings increased to CNY 5,017,500,000.00 from CNY 4,389,280,000.00, an increase of 14.3%[13].